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Multi-chain decentralized options protocol providing sustainable yield through structured products and option vault strategies. Raised $17M Series A in April 2023 for expansion. Now on V4, offering Basic Vaults, Lending Markets, and AMM-based options trading across Ethereum, Arbitrum, Avalanche, BNB Chain, and Base.

The protocol uses decentralized options vaults (DOVs) to make options strategies accessible to regular DeFi users. V4 introduced builder extensibility through RFQ, allowing developers to build specialized vaults and trading products. Market makers access a consolidated stream of options demand across products, creating deeper liquidity and better pricing. NUTS token provides governance and protocol incentives.